IDI Gazeley leases over 550,000 sq ft to two American e-commerce companies

IDI Gazeley has announced the leasing of a 258,503 sq ft unit at Magna park, Lutterworth and a 297,111 sq ft unit at Daventry Distribution Centre to two American e-commerce businesses.

Magna Park and Daventry Distribution Centre are both located in the Midlands’ ‘Golden Triangle’ for logistics properties which has access to over 85% of the UK population within a 4.5 hour drive.

Building 4400 at Magna Park is a newly refurbished 15-year-old cross dock facility with 131 dock level loading doors, 185 car parking spaces, and 163 HGV parking spaces.

Magna Park is the largest dedicated distribution hub in Europe and is home to third-party logistics, distribution and e-commerce businesses including Asda, Argos and DHL.

Daventry Distribution Centre is an integral part of IDI Gazeley’s rolling “spec build program”. It is situated on the Royal Oak Industrial estate and has 28 dock level loading doors, 3 level access doors, 230 car parking spaces and 120 HGV parking spaces.

Daventry Distribution Centre, in addition to being a short distance away from a number of national motorways benefits from strong rail and air connections with Luton, Birmingham and East Midlands airports all within a one hour drive.

Alex Verbeek, Managing Director of UK, IDI Gazeley, commented, “Our new customers are a welcome addition to the growing customer community in our expanding portfolio across the world. Their arrival further strengthens Magna Park, Lutterworth and Daventry Distribution Centre’s market-leading credentials and their position as two of the most successful distribution hubs in Europe”.

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Source: IDI Gazeley